IDFC First Bank shares in focus after Rs 590 crore fraud disclosed at Chandigarh branch

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IDFC First Bank disclosed a Rs 590 crore fraud at its Chandigarh branch involving employees and Haryana government-linked accounts. The bank has suspended four officials, initiated a forensic audit, and informed authorities. The issue is isolated to specific accounts, with no broader customer impact. The stock is expected to remain in focus.